$2,500,000
( $272.42Per Sq Foot )
 $14,195 est/mo Sourced by Back At You

346 Weaverville Road , Asheville, NC 28804

Asheville, NC 28804

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Description

Indulge your nostalgia at The Pines Cottages, a cottage court that has attracted visitors since 1929. Many updates and renovations keep these rustic cottages comfortable and accommodating for modern travelers. During a time when short-term rental investing restrictions have been proposed and implemented, TAKE this chance to roll your investments into a haven of opportunities. A discerning investor will make this addition to their portfolio. This Short Term Rental Community has CS commercial zoning offering a variety of uses. Near the French Broad River Greenway and UNC Asheville, The Pines is a 10-minute drive to downtown Asheville. Value-add potential. 1 mile away from a $ 20 million Short Term Rental Neighborhood. Easy access to I26 and Merrimon Ave. Public utilities. Substantial road frontage. Upside through renovation, expansion, or redevelopment which the Woodfin Planning Board supports; density can be increased. Public utilities.

Details

MLS#4166421
Listing TypeFor Sale
StyleSpecial Purpose
Sub-TypeResale
StatusActive
Year1920
Days On Site70
Listing Provided ByRE/MAX Executive | Alexandra Schrank

Features

SQ Feet9,177
Units16
Acreage4.32

Market Activity 28804

 Listings courtesy of Canopy Realtor® Association as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 8, 2024 at 4:50:31 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 9 minutes ago
StateNC
CountyBuncombe
CityAsheville
Zip Code28804
AreaBuncombe
Listing VS Median (in 28804)
Price:
$2,500,000
low | high
Med:
$700,000
100% of Average
SqFt:
9,177
low | high
Med:
2,125
100% of Average
$ / SqFt:
$272
low | high
Med:
$349
21.902254390262% of Average
On Site:
70
low | high
Med:
101.000000
69.306930693069% of Average
Sourced by Back At You
Listing Updated: September 4, 2024 at 1:55:25 PM PDT